AIAENG - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 3.6

Technical Analysis Report

• Trend Status: Consolidating with bullish undertone
• Moving Averages: Price (₹3,277) is above 50 DMA (₹3,220) but slightly below 200 DMA (₹3,321), indicating neutral to mildly bullish setup
• RSI (49.6): Neutral zone, no strong momentum signal
• MACD (44.8): Strong positive crossover, suggesting bullish momentum
• Bollinger Bands: Price near mid-band, indicating equilibrium with no breakout signal
• Volume: Below average (73K vs 91K), showing low conviction
• Support Zones: ₹3,220, ₹3,150
• Resistance Zones: ₹3,340, ₹3,420
• Entry Zone: ₹3,220–₹3,250 (near support)
• Exit Zone: ₹3,400–₹3,420 (near resistance)

Positive

• Strong MACD and price above 50 DMA signal short-term bullish momentum
• Low debt-to-equity ratio (0.07) reflects financial stability
• PEG ratio of 1.54 indicates reasonable valuation relative to growth

Limitation

• Volume below average, suggesting weak participation
• Price still below 200 DMA, limiting long-term bullish confirmation
• RSI near 50 shows lack of strong directional bias

Company Negative News

• Quarterly PAT declined from ₹351 Cr to ₹234 Cr (-5.12%)
• FII holding dropped by 0.34%, indicating reduced foreign investor interest

Company Positive News

• EPS of ₹107 supports strong earnings profile
• DII holding increased by 0.16%, showing domestic institutional confidence

Industry

• Engineering sector remains stable with moderate valuation (Industry P/E: 27.4)
• AIAENG trades slightly above industry average P/E, reflecting premium positioning

Conclusion

• AIAENG is in a consolidation phase with bullish signals from MACD and moving averages
• Entry near ₹3,220–₹3,250 offers a favorable setup
• Exit near ₹3,400–₹3,420 is ideal for short-term traders
• Investors should monitor volume and RSI for confirmation of breakout